Connecticut Business Startup Guides
Opening a Business in Woodbury, Connecticut
Contemplating starting a business in Woodbury, Connecticut? We walk you through the process of opening a business in Woodbury.
Is Becoming an Entrepreneur Right for You?
Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Reach out to other entrepreneurs in Woodbury. Get their take on what it's really like to be an entrepreneur.
- Peruse Characteristics of Successful Entrepreneurs. This is one of our more popular articles for folks who want to go into business for themselves.
- Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
What Business Are You Starting?
There are many businesses that you can start. How do you know which type of business is right for you? We recommend that you read Good Business Ideas.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Remember that you are starting a business in Woodbury. Some businesses will do better in Woodbury than others. Only by spending some time analyzing Woodbury demographics can you decide if there will be strong demand for your business idea.
Woodbury, Connecticut Demographic Information
Woodbury has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Woodbury demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Woodbury.
Businesses
As a new Woodbury entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Woodbury for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.
Businesses
What About Franchising Opportunities?
Examine a list of Woodbury businesses and you'll notice that many local entrepreneurs have gone the franchising route. Is franchising maybe a better way for you to start your business?
We advise the entrepreneurs we work with to investigate buying a franchise. We have many articles on franchises, such as How to Franchise a Business. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.
Note on Woodbury Franchise Opportunities: To find out if a franchise you are interested in is available in Woodbury, you will need to get in direct contact with the franchisor.
Have You Considered Buying an Existing Woodbury Business?
An excellent way to get started in business is to Buy a Business in Connecticut. Follow that link and you might discover several good businesses for sale in Woodbury.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Forming a Company in Woodbury, Connecticut
A critical step is ensuring that you choose the right legal structure for your new entity. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Connecticut, it doesn't mean you are required to incorporate in Connecticut. In fact, you are allowed to incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Registered Agents. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Woodbury, Connecticut, our information on Incorporating in Connecticut may be a useful resource if you decide to incorporate in Connecticut.
Letting the World Know You Exist
To grow your Woodbury business, you'll need to have a good marketing plan.
There are myriad resources on this site to help you with your marketing plan. Pricing and Positioning is a good read to get your marketing ideas flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Moving Forward
You have a dream -- starting a business in Woodbury. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Woodbury and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Woodbury, Connecticut
Here are more links that we believe will help you be successful in starting a business in Woodbury.
- Resources for Woodbury, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist Woodbury entrepreneurs.
- Connecticut Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Connecticut.
- Connecticut Small Business Development Center - Central Connecticut State University's Institute of Technology and Business Development (ITBD) supports Connecticut businesses and business-related organizations with training, technology assistance, conferencing services, procurement services and business incubation.
Starting-a-Business Guides for Other Cities in Connecticut
Starting a Business in Winsted
Browse All Business Startup Guides for Connecticut
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs